Descargar Libros y Ebooks (PDF / EPUB)

Economic Analysis of the Arbitrator’s Function

Autor: Bruno Guandalini

Número de Páginas: 360

Economic Analysis of the Arbitrator’s Function Bruno Guandalini Arbitration has become an important market, where arbitrators are rational economic agents maximizing their utility. Although this is self-evident, it is rarely discussed. This penetrating book is the first to comprehensively analyze the market for arbitrators and arbitrators’ economic role within it. In great depth, the author tackles such salient issues as the following: effect of perceived inefficiencies and high costs on arbitration legitimacy; alleged commercialization of the arbitrator’s function; possible ethical problem raised by financial remuneration for rendering justice; what motivates a person to arbitrate; market for arbitrators’ functioning and failures, providing a better understanding of how actors could behave in such a specific market; structural and artificial entry barriers; effect of an arbitrator’s strategic behavior on the arbitrator’s function; limitations on an arbitrator’s rationality; and preventing and correcting these limitations. Numerous references to customs and procedures in major arbitral jurisdictions and to international laws and conventions affecting the efficiency...

The Effects of Real Exchange Rate Volatility on Sectoral Investment

Autor: Bahar Erdal

Número de Páginas: 176

Originally published in 1997. This study investigates what the effects of real exchange rate volatility are on sectorial investment in the fixed and flexible exchange rate systems. It lays out the results of research into the effects of the levels and volatility of real exchange rates on investment in the manufacturing sectors of the countries in the European Monetary System as well as of the countries in the flexible exchange rate system, with data from between 1973 and 1993. Examining the differences between the two systems in the results this book also looks at exchange rate effects on interest rates at the time.

Fiscal Policy and the Energy Crisis: Oral testimony, November 27, 28, and 29, 1973

Autor: United States. Congress. Senate. Committee On Finance. Subcommittee On Energy

Número de Páginas: 584

Fiscal Policy and the Energy Crisis

Autor: United States. Congress. Senate. Committee On Finance. Subcommittee On Energy

Número de Páginas: 940

Deep Seabed Mining

Autor: United States. Congress. House. Committee On Merchant Marine And Fisheries. Subcommittee On Oceanography , United States. Congress. House. Committee On Merchant Marine And Fisheries

Número de Páginas: 578

Real Exchange Rate Uncertainty and Private Investment in Developing Countries

Autor: Luis Servén

Número de Páginas: 24

Serven examines empirically the link between real exchange rate uncertainty and private investment in developing countries using a large cross country-time series data set. He builds a GARCH-based measure of real exchange rate volatility and finds that it has a strong negative impact on investment, after controlling for other standard investment determinants and taking into account their potential endogeneity. The impact of uncertainty is not uniform, however. There is some evidence of threshold effects, so that uncertainty only matters when it exceeds some critical level. In addition, the negative impact of real exchange rate uncertainty on investment is significantly larger in economies that are highly open and in those with less developed financial systems.

Inventory of Energy Research and Development, 1973-1975

Autor: Oak Ridge National Laboratory

Número de Páginas: 1334

Investment under Uncertainty

Autor: Robert K. Dixit , Robert S. Pindyck

Número de Páginas: 484

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows...

Averting Catastrophe

Autor: Cass R. Sunstein

Número de Páginas: 175

Best-selling author Cass R. Sunstein examines how to avoid worst-case scenarios The world is increasingly confronted with new challenges related to climate change, globalization, disease, and technology. Governments are faced with having to decide how much risk is worth taking, how much destruction and death can be tolerated, and how much money should be invested in the hopes of avoiding catastrophe. Lacking full information, should decision-makers focus on avoiding the most catastrophic outcomes? When should extreme measures be taken to prevent as much destruction as possible? Averting Catastrophe explores how governments ought to make decisions in times of imminent disaster. Cass R. Sunstein argues that using the “maximin rule,” which calls for choosing the approach that eliminates the worst of the worst-case scenarios, may be necessary when public officials lack important information, and when the worst-case scenario is too disastrous to contemplate. He underscores this argument by emphasizing the reality of “Knightian uncertainty,” found in circumstances in which it is not possible to assign probabilities to various outcomes. Sunstein brings foundational issues in...

Le capitalisme sans capital

Autor: Jonathan Haskel , Stian Westlake

Número de Páginas: 237

Une révolution tranquille est entrée en action au début du XXIe siècle. Pour la première fois, les principales économies mondiales ont davantage investi dans les actifs immatériels – la conception, la stratégie de marque, la R & D et les logiciels – que dans les actifs matériels – les machines, les bâtiments et les ordinateurs. Le Capitalisme sans Capital n’est pas une simple histoire d’une prétendue nouvelle économie. Il montre que cette révolution a eu un impact considérable et sous-évalué dans les bouleversements économiques de la dernière décennie, qui vont de l’inégalité économique à une productivité stagnante. Jonathan Haskel et Stian Westlake explorent les caractéristiques d’une économie riche en actifs immatériels pour comprendre ce qui en fait une économie fondamentalement différente du système classique, avec pour finalité de répondre à la question : où va notre monde ? Traduit de l’anglais par Laurent Bury.

The Economics of Climate Change

Autor: Gary D. Libecap , Richard H. Steckel

Número de Páginas: 365

While debates over the consequences of climate change are often pessimistic, historical data from the past two centuries indicate many viable opportunities for responding to potential changes. This volume takes a close look at the ways in which economies—particularly that of the United States—have adjusted to the challenges climate change poses, including institutional features that help insulate the economy from shocks, new crop varieties, irrigation, flood control, and ways of extending cultivation to new geographic areas. These innovations indicate that people and economies have considerable capacity to acclimate, especially when private gains complement public benefits. Options for adjusting to climate change abound, and with improved communication and the emergence of new information and technologies, the potential for adaptation will be even greater in the future.

Macroeconomics

Autor: Errol D'souza

Número de Páginas: 516

Errol D'Souza's Macroeconomics helps students realize the connections between theoretical frameworks and the actual behaviour of the economy; enables instructors to teach macroeconomics concepts within the context of both the Indian and global economy; and provides policymakers with material from current research in macroeconomics. The focus of the book rests on the analysis of macroeconomic thought in terms of the intuition and underlying logic that forms its basis. This book has been designed to help readers think independently about real-world situations, by helping them master the basic technical tools that enable them to do this. At a conceptual level, the book focuses on the most current and relevant issues, while also understanding the fluidity of the subject.

Handbook of International Trade

Autor: E. Kwan Choi , James C. Hartigan

Número de Páginas: 592

This second volume of the Handbook of International Tradefocuses on the economic and legal analysis of international lawsand institutions as they impact trade. Containing chapters written by both economic and legal scholars,this volume encourages cross-discipline discussion with writingthat is accessible to those approaching the material from anybackground. Central issues to those studying international trade areaddressed, including: labor, environmental rights, and preferential tradeagreements antitrust policy patent rights trade liberalization foreign direct investment.

State and Local Energy Block Grant Act of 1981

Autor: United States. Congress. Senate. Committee On Energy And Natural Resources

Número de Páginas: 764

Macroeconomía para la gerencia Latinoamericana - 1ra edición

Autor: Héctor Ochoa Díaz

Número de Páginas: 279

Los autores, motivados por su amplia experiencia docente, presentan pedagógicamente el análisis de conceptos y modelos tradicionales para la comprensión de los aspectos teóricos que le dan cuerpo a la macroeconomía desde un punto de vista gerencial, acompañados de casos y situaciones reales de los negocios y de la problemática económica del mercado Latinoamericano. El libro inicia con la teoría Keynesia y la Neoclásica, teniendo un enfoque en los nuevos desarrollos de la macroeconomía, fruto de las crisis económicas mundiales de las dos últimas décadas. Además presenta una sección de análisis de la problemática económica en América Latina y las políticas económicas para lograr una región más prospera e incluyente. Incluye - Problemas económicos, ejercicios y casos de cada capítulo enfocados en la situación de Latinoamérica, para estudiantes. - Presentaciones en PowerPoint para docentes (en el SIL). - Modelos Keynesianos basados en los microfundamentos. Contenidos en el Sistema de Información en Línea (SIL) Al final del libro encontrará el código para ingresar al Sistema de información en Línea – SIL – donde podrá encontrar archivos...

The Nexus

Autor: Janis Jablecki , Dr. D. Edgar Guthrie

Número de Páginas: 377

The nexus between best practices and student achievement is demonstrated from the GRASP Project, discovering how some California charter schools with higher academic achievement showed evidence of a greater number of best practices as measured by performance, governance, education program, human resources, business practices, and facilitiesthe education program infrastructure. Surprisingly, technology did not show a correlation for reasons explained in the nexus. Moreover, the nexus is bolstered by administrative, innovation, and competition theory serving as foundations for The Nexus. The Nexus also introduces strategies to implement best practices and process improvements through Lean Six Sigma methods and strategic and action planning. The search for the next practice designed to improve education programs is perpetual. The significance to accreditation is profound as student achievement measures will require metrics paced to reform movements such as Common Core Standards derived from international settings. By the same token, quality education will become clearer as edification through international benchmarks such as ISO 9000 will promote higher standards of excellence. The...

The Nature of the Nonprofit Sector

Autor: J Steven Ott , Lisa Dicke

Número de Páginas: 733

The Nature of the Nonprofit Sector is a collection of insightful and influential classic and recent readings on the existence, forms, and functions of the nonprofit sector—the sector that sits between the market and government. The readings encompass a wide variety of perspectives and disciplines and cover everything from Andrew Carnegie’s turn-of-the-century philosophy of philanthropy to the most recent writings of current scholars and practitioners. Each of the text’s ten parts opens with a framing essay by the editors that provides an overview of the central themes and issues, as well as sometimes competing points of view. The fourth edition of this comprehensive volume includes both new and classic readings, as well as two new sections on the international NGO sector and theories about intersectoral relations. The Nature of the Nonprofit Sector, Fourth Edition is therefore an impressively up-to-date reader designed to provide students of nonprofit and public management with a thorough overview of this growing field.

1982 National Science Foundation Authorization

Autor: United States. Congress. House. Committee On Science And Technology. Subcommittee On Science, Research, And Technology

Número de Páginas: 804

Perspectives on Public Choice

Autor: Dennis C. Mueller

Número de Páginas: 692

This five-part volume surveys the main ideas and contributions to the field of public choice.

Real Options in Theory and Practice

Autor: Graeme Alexander Guthrie

Número de Páginas: 433

Decision makers face a staggering array of problems in business and economics. Managers of growing firms have to decide when to exercise growth options and expand their business. Governments have to decide whether to undertake large infrastructure investments. Managers of oil firms must decide how rapidly to deplete their reserves. Owners of land must decide when and how to develop their asset. Operators of power plants must decide when to start them up and when to shut them down. While these problems seem quite diverse, they share many important features. In each case, the decision maker must choose when to take a particular action that will be difficult, if not impossible, to reverse. In each case, the consequences of taking (or not taking) that action are uncertain. And in each case, the timing and nature of the actions taken by the decision makers directly affect the cash flows generated by the entities they manage. Real options that arise in the real world often vary radically from one problem to another. These differences may arise due to the particular real options embedded in the projects and the order in which they can be exercised. They may arise due to different...

A Stochastic Control Framework for Real Options in Strategic Evaluation

Autor: Alexander Vollert

Número de Páginas: 275

The theoretical foundation for real options goes back to the mid 1980s and the development of a model that forms the basis for many current applications of real option theory. Over the last decade the theory has rapidly expanded and become enriched thanks to increasing research activity. Modern real option theory may be used for the valuation of entire companies as well as for particular investment projects in the presence of uncertainty. As such, the theory of real options can serve as a tool for more practically oriented decision making, providing management with strategies maximizing its capital market value. This book is devoted to examining a new framework for classifying real options from a management and a valuation perspective, giving the advantages and disadvantages of the real option approach. Impulse control theory and the theory of optimal stopping combined with methods of mathematical finance are used to construct arbitrarily complex real option models which can be solved numerically and which yield optimal capital market strategies and values. Various examples are given to demonstrate the potential of this framework. This work will benefit the financial community,...

Energy Financing Legislation

Autor: United States. Congress. Senate. Committee On Banking, Housing, And Urban Affairs

Número de Páginas: 1060

MICROECONOMICS

Autor: Chauhan, S. P. S.

Número de Páginas: 984

Enriching contents of the book in the Second Edition, the author proffers a thoroughly revised and updated text with main focus on Game Theory, Linear Programming and Output–Input Analysis. Besides he gives due weightage to the topics on International Trade, Decision Theory, Pricing Policies in Practice and Basics of Econometrics for Estimation of Economic Functions—by introducing them as independent chapters in the present edition. The concepts have been introduced keeping decision-makers in mind, who may be associated with the corporate world or pursuing management courses offered by various institutes in India and abroad. The mathematical treatment of the topics, which is one of the distinguishing features of the book, is facilitated in a student-friendly approach. Primarily intended for the undergraduate and postgraduate students of commerce, economics and management, the book is a comprehensive text in accordance with the syllabi of B.Com, B.Sc (Economic Hons.), M.Com, M.A. (Economics) and Master of Business Economics (MBE) courses. Besides academic pursuits, the book will also be useful for the aspirants of competitive examinations such as Indian Administrative Services...

Long-term Natural Gas Legislation

Autor: United States. Congress. House. Committee On Interstate And Foreign Commerce. Subcommittee On Energy And Power

Número de Páginas: 874

Energy, Foresight and Strategy

Autor: Thomas J. Sargent

Número de Páginas: 117

The essays in Energy, Foresight and Strategy apply rational expectation theory to various energy markets with the intention of discussing issues relevant to analysis and decision making in the whole of the energy field. Originally published in 1985, issues explored include oil exportation, energy prices and embargoes, both focussing on how past regulation has created issues in the market at the time of publication as well as creating models to ascertain the futures of various energy resources. This title will be of interest to students of Environmental Studies and Economics.

Standby Revenue Recycling Authority to Deal with Petroleum Supply Disruptions

Autor: United States. Congress. Senate. Committee On Finance. Subcommittee On Energy And Agricultural Taxation

Número de Páginas: 204

Competitive Strategy

Autor: Benoit Chevalier-roignant , Lenos Trigeorgis

Número de Páginas: 517

A new paradigm for balancing flexibility and commitment in management strategy through the amalgamation of real options and game theory. Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior, or they can take a “wait and see” approach to avoid adverse market consequences tomorrow. In Competitive Strategy, Benoît Chevalier-Roignant and Lenos Trigeorgis describe an emerging paradigm that can quantify and balance commitment and flexibility, “option games,” by which the decision-making approaches of real options and game theory can be combined. The authors first discuss prerequisite concepts and tools from basic game theory, industrial organization, and real options analysis, and then present the new approach in discrete time and later in continuous time. Their presentation of continuous-time option games is the first systematic coverage of the topic and fills a significant gap in the existing literature. Competitive Strategy provides a rigorous yet pragmatic and intuitive approach to...

Business Economics and Finance with MATLAB, GIS, and Simulation Models

Autor: Patrick L. Anderson

Número de Páginas: 499

This book takes recent theoretical advances in Finance and Economics and shows how they can be implemented in the real world. It presents tactics for using mathematical and simulation models to solve complex tasks of forecasting income, valuing businesses, predicting retail sales, and evaluating markets and tax and regulatory problems. Busine

Global Supply Chain Performance and Risk Optimization

Autor: Rob Smith

Número de Páginas: 274

This doctoral dissertation deals with a very timely and important topic in the fields of international operations, finance and risk management, namely the evaluation of the Real Option value of operational and managerial flexibility within a global supply chain network. The author - who has worked for more than nine years on international supply chain strategy and design as an executive in world class automotive and high tech companies in the U. S. and in Europe - uses a large-scale data set from an existing global supply chain operated by a tier one supplier in the global automotive industry in examining and comparing the following supply chain strategies: single sourcing, dual sourcing, compliance with local-content rules, centers of excellence and Real Options with flexibility in sourcing, production and distribution logistics. The major finding of this empirical study is the identification of a Real Options strategy that results in a positive payback in less than a year and dominates all of the other supply chain strategies. The three main contributions of this work are: i) for the first time, a comprehen sive and real data set is utilized to quantify and demonstrate the...

Policy Reform, Adjustment Costs, and Investment

Autor: Mr.omotunde E. G. Johnson

Número de Páginas: 22

Adjustment assistance is provided to local investors responding to policy reform and facing adjustment costs, to facilitate their activity–a signal to foreign investors about the profitability of investing in the local economy. The government, in providing assistance, maximizes its utility subject to its budgetary constraint, taking into account the utility forgone in alternative uses of budgetary funds. Foreign investors use the signal to update beliefs about investors in the local economy and compute the expected return from investing in the country. The investment response of foreign investors depends on the expected return so computed relative to the expected returns in their alternative investments worldwide.

To Prevent Certain Discriminatory Taxation of Interstate Natural Gas Pipeline Property

Autor: United States. Congress. House. Committee On The Judiciary. Subcommittee On Commercial And Administrative Law

Número de Páginas: 108

Housing and Planning References

Número de Páginas: 848

Fiscal Policy and the Energy Crisis. Hearings, Ninety-third Congress, First [and Second Sessions.]

Autor: United States. Congress. Senate. Committee On Finance. Subcommittee On Energy

Número de Páginas: 1966

Fiscal Policy and the Energy Crisis, Hearings Before the Subcommittee on Energy ..., 93-1, November 27, 28, and 29, 1973

Autor: United States. Congress. Senate. Committee On Finance

Número de Páginas: 1952

Fiscal Policy and the Energy Crisis ...

Autor: United States. Congress. Senate. Committee On Finance

Número de Páginas: 442